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Recently we have just reported the iPhone Dev Team released iPhone 4/3GS ready next Monday unlock tool Ultrasn0w 1.2.5, it is unexpected is, Dev Team this time not only did not bounce, but we pay in advance for a Christmas gift, not do not say, jailbreak community really is unpredictable situation.
Ultrasn0w 1.2.5 update compatible iOS 5.0.1, does not provide for any new baseband unlock, unlock baseband currently available include:
01.59.00
04.26.08
05.11.07
05.13.01
05.12.01
06.15.00
Although iOS 5.0.1 unlock released earlier, but in view of iOS 5.0.1 has not yet perfect escape , suggest that you do not rush to update to 5.0.1, the perfect escape has also been forthcoming. Advanced users who want to unlock, in this we also provide Ultrasn0w 1.2.5 unlock tutorial. Unlock process is very simple:

Step One: unlock before using Redsn0w or Sn0wbreeze jailbreak , jailbreak Cydia then download available "SemiTether" patch to achieve the semi-perfect escape .

The second step: jailbreak , run Cydia, Add Source " http://repo666.ultrasn0w.com ", (step by clicking Manage-Sources-add , in the input box, type the source given above)